Odaily News As of May 11, Bitcoin's annual volatility was about 44.88%, which has fallen below well-known technology stocks such as Tesla, Meta and Nvidia (whose annual volatility is over 50%), marking its gradual transformation into a more mature and stable asset class. According to a report by Fidelity Investments, Bitcoin's volatility is lower than 33 of the approximately 500 companies in the S&P 500 index, showing its stability. In addition, the decline in Bitcoin's volatility indicates that investor sentiment has shifted in a positive direction, which may trigger a sharp rise in prices. With the approval of multiple Bitcoin spot ETF products in the United States, it is expected that major institutional investors will join in the coming months. Robert Mitchnick, head of digital assets at BlackRock, pointed out that sovereign wealth funds, pension funds, and endowment funds may see Bitcoin spot ETF transactions in the coming months. Institutional investors usually have strict risk management regulations, and low-volatility asset classes are more in line with their investment strategies. Independent market analyst Scott Melker said: "It is important to remember that this will take time; these companies are just beginning their due diligence... A large influx of institutional funds will drive Bitcoin prices to all-time highs." Melker expects that due to the expected ETF inflows, Bitcoin prices are expected to rise to the $100,000 to $150,000 range in the future. (Cointelegraph)